Gregory T. Moskoff Sells 363 Shares of FactSet Research Systems Inc. (NYSE:FDS) Stock

FactSet Research Systems Inc. (NYSE:FDS) CAO Gregory T. Moskoff sold 363 shares of the firm’s stock in a transaction on Monday, March 24th. The shares were sold at an average price of $433.73, for a total value of $157,443.99. Following the sale, the chief accounting officer now directly owns 44 shares of the company’s stock, valued at $19,084.12. This represents a 89.19 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

FactSet Research Systems Trading Up 1.8 %

Shares of FDS stock traded up $7.99 during trading hours on Tuesday, reaching $440.10. The company had a trading volume of 266,004 shares, compared to its average volume of 272,059. FactSet Research Systems Inc. has a 1-year low of $391.84 and a 1-year high of $499.87. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.39 and a quick ratio of 1.39. The firm has a market cap of $16.74 billion, a price-to-earnings ratio of 31.55, a P/E/G ratio of 2.93 and a beta of 0.77. The company has a 50 day moving average of $455.05 and a 200 day moving average of $464.73.

FactSet Research Systems (NYSE:FDS) last released its earnings results on Thursday, March 20th. The business services provider reported $4.28 earnings per share for the quarter, beating the consensus estimate of $4.17 by $0.11. The firm had revenue of $570.70 million for the quarter, compared to analyst estimates of $570.65 million. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The company’s quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.22 earnings per share. On average, equities research analysts anticipate that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Friday, February 28th were issued a $1.04 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $4.16 annualized dividend and a yield of 0.95%. FactSet Research Systems’s dividend payout ratio (DPR) is presently 29.59%.

Institutional Trading of FactSet Research Systems

A number of large investors have recently made changes to their positions in FDS. California State Teachers Retirement System raised its position in shares of FactSet Research Systems by 5.7% during the fourth quarter. California State Teachers Retirement System now owns 61,364 shares of the business services provider’s stock worth $29,472,000 after purchasing an additional 3,283 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in FactSet Research Systems by 6.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 4,370 shares of the business services provider’s stock worth $2,099,000 after buying an additional 251 shares during the period. Siemens Fonds Invest GmbH lifted its stake in FactSet Research Systems by 871.7% in the fourth quarter. Siemens Fonds Invest GmbH now owns 10,834 shares of the business services provider’s stock valued at $5,203,000 after buying an additional 9,719 shares in the last quarter. Menard Financial Group LLC acquired a new position in shares of FactSet Research Systems in the fourth quarter valued at approximately $91,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of FactSet Research Systems during the fourth quarter worth $39,284,000. Institutional investors own 91.24% of the company’s stock.

Analysts Set New Price Targets

FDS has been the subject of a number of research reports. Wells Fargo & Company lowered FactSet Research Systems from an “equal weight” rating to an “underweight” rating and lowered their target price for the company from $450.00 to $402.00 in a research note on Friday. UBS Group lowered their price objective on shares of FactSet Research Systems from $525.00 to $480.00 and set a “neutral” rating for the company in a research report on Friday. BMO Capital Markets reduced their target price on shares of FactSet Research Systems from $498.00 to $466.00 and set a “market perform” rating on the stock in a research report on Monday. Stifel Nicolaus raised their price target on shares of FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a report on Friday, December 20th. Finally, Morgan Stanley reduced their price objective on FactSet Research Systems from $409.00 to $390.00 and set an “underweight” rating on the stock in a report on Friday. Five research analysts have rated the stock with a sell rating and five have given a hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $436.27.

FactSet Research Systems Company Profile

FactSet Research Systems Inc, a financial data company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth.